How do I add a trailing stop to a position?
Lets say that that I bought 1 ES contract @ 1500 at 8am Now at 5pm the ES is 1510 and it has been going up all day. I think it might go up all night. But I don't want to watch the screen all night.
I want to create a trailing stop that will close my position if the ES ever drops 2 points from the highest position it reaches.
But I did not decide to do the trailing stop at the moment of purchase. I decided later.
Is there any way to do this? I know how to create ATM strategies, but not how to create a basic trailing stop.
Thanks for any input.
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